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Using calculus and formulas (but no tables and restricting your use of spreadsheets to implementing the quadratic formula) to find a solution, what is the total profit at the optimal output level?
Why is federalism important to United States Criminal Justice System? What is the importance of having federal and state law enforcement, the courts, and corrections?
Problem 1. Factors that affect fixed costs? Problem 2. Make recommendations on how your organization can maximize their profit-making potential and successfully compete in the new market.
An emerging phenomenon in Sub-Sahara Africa is the economic growth being experienced in some of the region's poorest countries. Investigate and discuss the extent to which this economic growth can b
Write a short (2 to 3 page, double-spaced, typed) essay identifying and describing the current state of the health care industry using the tools we have studied this semester.
Build the management-research question hierarchy, through the investigative questions stage. Then compare your list with the measurement questions asked.
Applying the theory of Supply & Demand and Econometrics, explain possible economic consequences of the proposal to offer "Free" Community College Educations to the public in the US.
How does the problem of limited and bundled choice relate to economic efficiency? Why are public bureaucracies alleged to be less efficient than private enterprises?
Listed here are example of bad, or at least questionable, decision. Evaluate the decision maker's approach or logic. In which of the six decision steps might the decision maker have gone wrong?
Identify the main companies involved and their market shares. explain what type of market structure exists, with supporting evidence. explain, using economic diagrams, how price and output is determin
In Metro, there are three types of houses: E (expensive), M (medium), and C (cheap). A recent survey suggest that there are three types of preferences for fire protection: H (high), I (intermediate)
Economists often employ a set of graphical tools to illustrate how individuals make choices ("Theory of Consumer Choice"). Define each one: (a) individual objectives, (b) indifference curves, (c) op
Some analysts explained this outcome by arguing that consumers were behaving in less than rational ways (e.g., they consistently over - estimated the prices or they over-paid due to altruism). In co
Explain how the marginal product for a resource can change. Conclude with an explanation for what can change the demand for a resource.
To what extent would increased government involvement in health insurance or drug research affect these factors? If drug companies can charge monopoly prices for certain drugs, why does the governme
Explain the calculation and interpretation of the cost of capital.
Question 1: How is economic thinking on government spending and taxation applied within the United States? Question 2: Discuss some of the economic paradigms that influence policy decisions.
State the name of the company in a key industry and determine the type of market you believe it to operate in (perfectively competitive, monopolistically competitive, oligopoly, monopoly).
Education is often used as an example of a positive externality. Are the external benefits greater for elementary, secondary, or college education? Explain.
How did the Bretton Woods system operate? What caused its collapse? Some think the current system of managed but floating rates is too unstable. What would generate the instability?
Bolivia has a comparative advantage in the production of metal? Chile has a comparative advantage in the production of which metal?
Assume that Al is risk neutral and his utility function (U) is just a function of profits (Π) from selling turkeys (at least at this time of the year).
1. Calculate profit-max price (monthly and annually), output, and rate of return levels. 2. What monthly price should commission grant to limit cable co. to a 15% rate of return? (please explain all
How would I determine the market prices in regards to alcohol consumption?
Explain the law of demand. Why does a demand curve slope downwards? Distinguish between a change in demand and a change in quantity demanded.